Ann: Appendix 4D and FY2019 Half Year Financial Statements, page-12

Half Year result predictable as is/was the spin before the announcement and post. 10/10 for spin. Nothing has changed.

3.5 years in and disasters allround - what's happening on BT & DDT, finally NBI problems have been recognised, Meat now Provincial - new name same business with tight margins.Same Board, new CEO (can he standup under Sexton?) and where are the Chinese shareholders??

Wonder who moved the market pre announcement???
Look forward (2019 and beyond) and what do we see Dairy operations that are not making profits and generating free cash. Is 90 day terms of payment the norm with Dairy Companies?? Inventories - good stock or ??
My previous streams highlighted the mess BFC is in. 2018/19 full year - another loss. Why because Dairy margins (if any) are tight and BFC has Sales/Marketing problems and no critical mass.
Become a niche producer marketer then BFC doesn't need Sexton/Board, effectively 2 CEO's (Ebert is still around??) and Office could be Murray Bridge.............................................

Roger Sexton/Board members standaside please. Give someone else a go. Be honourable walk away from BPAM. Shareholder wealth will not return under your watch.

Spin is suggesting BFC can out perform all other players in the Australian Dairy market???? BFC base is 117m/8.5bn litres = 0.0001%. Big base from which to build.